Loreal 2011 Annual Report Download - page 245
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243REGISTRATION DOCUMENT − L’ORÉAL 2011
Appendix
9
Table of concordance of the Management Report
9.8. Table of concordance of the Management Report
In order to review the elements of the Management Report, the following thematic table makes it possible to identify the main information
provided for by Articles L. 225-100 et seq., L. 232-1 and R. 225-102 et seq. of the French Commercial Code.
Headings of Management Report Pages
The Group’s situation and business activities in 2011
Comments on the financial year
Analysis of changes in the business, results and financial situation of the company and the Group (including
in particular the dividends distributed in respect of the three previous financial years and the amount of
revenues eligible for the tax deduction on dividends) 70-75, 230
Significant events that have occurred since the beginning of 2012 and prospects 85
Research and development 12-13
Operations 14-16
Parent company financial statements
Net sales 148, 173
L’Oréal parent company balance sheet and income statement 148-149
Expenses and charges falling under Article 223 quater of the French Tax Code 173
Trade accounts payable 173
Five-year financial summary 174
Subsidiaries and holdings 169-173
Risk factors
Business risks 17-19
Legal risks (challenges and constraints linked to the legislation, significant disputes…) 19-20
Industrial and environmental risks 20-21
Counterparty risk 21
Customer risks 21
Liquidity risk 21-22
Financial and market risks 22-23
Insurance 23-24
Corporate governance
Choice of method of general management 29
List of offices and directorships held by each of the corporate officers in any company during the financial year 32-42
Remuneration of the members of the Board of Directors and the corporate officers 53-55
Stock options granted to and exercised by the executive officers 56-57
Commitments made with regard to the executive officers 57-58
Summary of trading by directors and corporate officers and their closely related parties in L’Oréal shares in 2011 59
Information on social, environmental and societal commitments
Information relating to employee issues and social consequences of L’Oréal’s business activities 180-193
Environmental information 194-198
Information relating to societal commitments in favour of sustainable development 199-203